A stable partner for long-term social impact
Lace Housing is a not-for-profit, regulated housing association focused on homes for older people across Greater Lincolnshire. We combine strong governance, predictable cashflows and prudent treasury with measurable social value — offering lenders a resilient, purpose-led partner.
Strong governance, stable returns, and lasting social value
Our homes and communities deliver long-term, reliable social housing income alongside measurable outcomes for residents and local authorities.
Key strengths:
Stable social-housing income — low arrears, strong demand in an ageing-population market.
Robust governance— Board oversight, National Housing Federation Code 2020 and a clear, risk-based approach.
Prudent treasury management—stress-tested covenants, interest-rate risk managed.
Asset quality — planned investment, EPC trajectory to C+ by 2030 and strong safety compliance.
Social value — Specialist homes that reduce care costs, improve wellbeing, and support independent living.
Lace offers a proven track record in balancing financial resilience with long-term community benefit.
Responsible finance for sustainable growth
Funding approach
We maintain bank facilities matched to our development profile and risk appetite. Facilities are structured with appropriate covenants and security to ensure long-term resilience.
Security and charging
We hold a pool of unencumbered properties and operate a transparent charging process, with timely valuations and certifications to support efficient drawdowns.
Risk management
We run twice-yearly stress tests (including multi-variant scenarios) and maintain a rolling liquidity headroom to ensure Lace remains prepared for changing economic conditions.
Regular Board oversight keeps our treasury strategy aligned with regulatory standards and resident priorities.
Impact measured through people, places, and partnerships
Our work delivers more than homes — it creates measurable outcomes for residents, communities and local systems of care.
Our ESG focus:
Resident outcomes — independence, reduced loneliness, improved health outcomes.
Energy and homes — Investment in EPC improvement, energy efficiency, and a fabric-first approach to sustainability.
Community — volunteering, restaurants as social hubs, resident engagement plans.
Governance — Transparent Board oversight, including the Resident Champion and Board Member Responsible for Complaints roles.
Every decision balances financial stewardship with our wider social mission — creating long-term value for residents and investors alike.
